Quantum Materials Corp. (fka QTMM)

[hookem]

I have had that happen to me. A penny stock company sold their most important intellectual property without any kind of shareholder approval to L3 Communications, a billion dollar company. Then company fielded immediately after that deal and the penny stock shareholders lost everything. I think there were suits filed, but I doubt anyone got any money except the company owners.

Oh, and to top it off, L3 just bought the tech to shelve it because it was competing technology with their systems.

Does anyone know what happens to our money and shares if they go private?

Hook’em!